Company News Summary
Qantas Airways Announces Adjusting Third Quarter Capacity Settings with Jetstar
13 Jan 2022 | 16:26:00 | Associate analysts | Increase | Decrease |
Original announcement: Qantas and Jetstar Adjust Third Quarter Capacity Settings
Qantas Airways advised the Company and Jetstar are adjusting flying levels to match travel demand considering the growth in COVID-19 cases. The schedule changes are aimed on reducing frequency of services and size of aircraft to reduce inconvenience for passengers as possible. The Group's total international capacity for the same period will fall from 30 per cent to around 20 per cent of pre-COVID levels. This reduction is driven by increased travel restrictions in countries like Japan, Thailand and Indonesia and is impacting its leisure routes.
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